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IMF says it lowered own standards for Greek program
ReutersWASHINGTON (Reuters) - The International Monetary Fund on Wednesday said that it lowered its normal standards for debt sustainability to bail out Greece and its projections for the Greek economy may have been overly optimistic. The IMF was one of a...Tags: Accounting and Auditing, Market and Exchange, Politics, International Organizations, European Central Bank
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PRESS DIGEST - Financial Times - June 6
ReutersJune 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines London should hand Libor supervision to EU, says Brussels () IMF admits to errors...Tags: Procter & Gamble, Politics, Energy Partners Limited, Chesapeake Energy Corp., London Stock Exchange
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ANALYSIS-Hungary hails victory of "Orbanomics" but there's a cost
Reuters* Data shows Hungary left recession in first quarter * Hungary allowed out of EU budget sin-bin * Vindication for contested policies of PM Orban * But his policies risk hurting long-term growth By Krisztina Than and Michael Winfrey BUDAPEST/PRAGUE,...Tags: National Government, European Union, Credit Ratings, Central Bank, Quarterly or Semiannual Financial Statements
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Oil below $93 ahead of US crude inventory data
The price of oil fell below $93 a barrel Thursday amid concerns about global economic growth and as traders awaited the latest U.S. crude inventories data. By early afternoon in Europe, benchmark oil for July delivery was down 46 cents to $92.67 a...
Tags: Politics, New York Mercantile Exchange, Federal Reserve, Upstream Oil and Gas Activities, Productivity
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NYMEX-Oil holds near $93.50, soft data allays Fed stimulus worries
ReutersTOKYO, May 31 (Reuters) - U.S. crude was steady near $93.50 a barrel on Friday, after weak data from the top oil consumer helped ease fears the Federal Reserve could soon scale back its stimulus measures, a key driver of investment in global commodities....Tags: Weather, China, Petroleum Industry, Federal Reserve, Memorial Day
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BOJ's Kuroda urges flexible approach to capital controls to deal with crises
ReutersTOKYO, May 29 (Reuters) - Global policymakers must allow some emerging countries to set capital controls to mitigate the impact from financial crises such as those recently triggered by advanced economies, Bank of Japan Governor Haruhiko Kuroda said on...Tags: Financial Markets, Globalization, Lehman Brothers Holdings Inc., Economy, Business and Finance, Finance
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Montenegro raises value-added tax to stem debt, secure revenues
ReutersPODGORICA (Reuters) - Montenegro's government raised value-added tax (VAT) by 2 percentage points to 19 percent on Tuesday, in a move that coincided with IMF warnings that it should stop accumulating public debt. The economy of the small Adriatic country...Tags: National Government, Montenegro, Politics, Government, Government Debt
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Exclusive: Qatar central bank governor sees time when dollar peg may be changed
ReutersDUBAI (Reuters) - Qatar may change its peg to the U.S. dollar when the economy becomes less dependent on hydrocarbons and local financial markets deepen, although no changes are currently being considered, its central bank chief said. Asked by Reuters...Tags: Inflation and Deflation, Central Bank, Politics, Financial Markets, Foreign Exchange Market
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Bank of Ireland plans first unsecured bond issue since crisis
ReutersDUBLIN (Reuters) - Bank of Ireland plans to issue a senior unsecured bond for the first time since the financial crisis forced Ireland to take an international bailout, the bank said on Tuesday. The bank has appointed BNP Paribas , Deutsche Bank , Morgan...Tags: European Union, BNP Paribas, Republic of Ireland, Moody's Corporation, Deutsche Bank AG
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US high-grade bonds slip to negative in Treasuries sell-off
ReutersBy John Balassi May 29 (IFR) - The Barclays investment-grade bond index has slipped into a negative total return for the year on Wednesday, as the massive sell-off in US Treasuries is taking its toll on the credit markets. That sell-off has intensified...Tags: National Government, Credit Ratings, Politics, Federal Reserve, Goldman Sachs Group, Inc.
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Jun 5, 2013
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May 30, 2013
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May 28, 2013
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